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Equality of Opportunity

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The New Palgrave Dictionary of Economics

Abstract

Whereas the ethic of equality of outcome does not hold individuals responsible for actions that may create inequality of outcomes, equality of opportunity ‘levels the playing field’ so that all have potential to achieve equal outcomes; inequalities of outcome that then transpire are not compensable at the bar of justice. The influences on the outcome a person experiences comprise circumstances (for which he should not be held responsible) and effort (for which he should be). Equal-opportunity policy compensates persons for their disadvantaged circumstances, ensuring that, finally, only effort counts in achieving outcomes.

This chapter was originally published in The New Palgrave Dictionary of Economics, 2nd edition, 2008. Edited by Steven N. Durlauf and Lawrence E. Blume.

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Roemer, J.E. (2008). Equality of Opportunity. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_2223-1

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  • DOI: https://doi.org/10.1057/978-1-349-95121-5_2223-1

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  • Publisher Name: Palgrave Macmillan, London

  • Online ISBN: 978-1-349-95121-5

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